NOOOOO YOU CAN'T JUST TAX BILLIONAIRES!! IF YOU DO THEIR WEALTH WONT TRICKLE DOWN TO ME!!

>NOOOOO YOU CAN'T JUST TAX BILLIONAIRES!! IF YOU DO THEIR WEALTH WONT TRICKLE DOWN TO ME!!

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itep.org/60-fortune-500-companies-avoided-all-federal-income-tax-in-2018-under-new-tax-law/
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>NO YOU CANT TAX THE WEALTH OF DEAD BILLIONAIRES; IT HAS BEEN TAXED ALREADY

make your own billion you lazy faggot

Nice troll thread, OP. But tell me, can you guess why billionaires are so in favor of taxation?
Protip: it's not because they are saints, nor because they feel like giving out their money.

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based

Doesn't mean rich shouldn't be taxed more. And before you try to strawman, yes, I know wagies making 200k aren't rich

>throwing this oil is not putting out the fire
>we need to throw more oil

explain like I'm 5

Not 100% sure what he's referring to, but increasibg taxes pushes people down and reduces potential competition.

>NOOOOOOOO YOU CANT JUST PUT LOOPS ON THE SIDES AND CALL THEM EARS!!!

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kek

do what japan and china do and print and spend on your infrastructure and social services

barriers to entry for competitors + the billionaires dont pay any taxes faggit they bribe politicians for exemptions and they are also smart about their account setup, have a home in puerto rico, etc

If you need foodstamps that are only available because McDonalds pays their fair share, then you'll vote in favor of policies that empower McDonalds. Paying more taxes is like owning more shares of the government and having more control over everyone else. Donating extra money to the IRS doesn't work because nobody knows that you made the payment besides the IRS, who keeps their mouth shut and hands the money to the government to lose and spend poorly. When you can expicitly put a law on file that says anyone making x amount must pay y%, you've got an eternal receipt. And then you can still work around to find tax loopholes so you can pay less while still claiming that you are paying with the highest tax bracket just to be extra petty.

>YES IT's CHEAPER IF THE GOVERNMENT BUYS IT INSTEAD OF ME HOW THE FUCK IS THAT HARD TO UNDERSTAND

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You mean they're in favor of income tax. They're definitely not in favor of a wealth tax.

there are some billionaires like the jp Morgan CEO calling for higher taxes so they don't get killed by the poor basically

google it

>hard-working guy creates world changing tech
>people happily buy tech from guy because it makes their lives ves better
>guy becomes billionaire
>people that bought his tech say that's not fair
>send armed men to house to take back some of the money or else
>guy says fuck off and goes to country where he is treated better
>repeat a few thousand times
>people left with no new tech and don't know how to build old tech
>life sucks for everyone except based tech guys who build for people that appreciate what they do

>hard-working guy creates world changing tech
>some fucking SV snake rips him off
>he makes no money
Ftfy

based

>implying tax revenue will somehow trickle down to me
Outside of ubi, it's a waste.

billionaires dont pay any tax, neither do companies, its called a double irish sandwich

investopedia.com/terms/d/double-irish-with-a-dutch-sandwich.asp

Trickle down economics is the most beta ideology ever. It’s like guys who think being white knights makes girls like them

Billionaires don’t pay taxes. Anybody who is that wealthy has some kind of massive business attached to it and through tax haven/subsidy fuckery, no taxes are paid. That’s why the whole tax the 1% really means tax the upper crust of the professional class.

Pretty much. Music business works the same

Tax laws don’t mean shit if they aren’t enforced.

>He actually belives rich people has his best interest.
Lmao itep.org/60-fortune-500-companies-avoided-all-federal-income-tax-in-2018-under-new-tax-law/

You literally can't, they are to smart to be "taxed" like the plebs.

You have to kill/incarcerate them.

'Hurr Durr hrr, bidness'

At best you would still be looking at 5-10%

Paid in some form of tax/admin fees regardless of the vehicle you place said funds into.

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